TBO Tek IPO
ListedTBO Tek IPO Details
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Bidding Date
08-May-2024 to
10-May-2024 -
Issue Size
₹1550.81 Cr
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Price Band
₹875 to ₹920
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Allotment date
13-May-2024
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Listing date
15-May-2024
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Lot size
16
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No. of shares
1,68,56,623
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Fresh issue/OFS
₹400 Cr/₹1150.81 Cr
About TBO Tek Company
The company originated in the mid-2000s during India's aviation boom, catalyzed by the emergence of low-cost carriers. In 2006, the founders conceptualized the TBO platform, aiming to streamline airline ticket booking for travel agents across multiple airlines. The company has evolved into a global travel distribution platform, servicing buyers and suppliers in over 100 countries. The core offerings include a wide range of travel inventory covering hotels, airlines, car rentals, transfers, cruises, insurance, rail, and more. It simplifies the business of travel for both suppliers and buyers through its two-sided technology platform, facilitating seamless transactions between them. The company operates on two primary revenue models : B2B Rate Model and Commission Model.
Read our in-depth analysis of the TBO Tek Ltd IPO Here
Subscription Status
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Category
Status
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QIBs
125.5x
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NIIs
50.6x
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Retail
25.7x
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Others
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Total
86.7x
FAQs for TBO Tek IPO.
What is the issue size of TBO Tek IPO?
The issue size of TBO Tek is ₹1,550.81 Cr.
What is the industry of TBO Tek?
TBO Tek falls into Leisure & Recreation industry.
Where TBO Tek IPO will be listed?
The TBO Tek IPO will be listed on both NSE and BSE.
What are the open and close dates for the TBO Tek IPO?
The open and close dates for the TBO Tek are 08-May-2024 & 10-May-2024.
What are the price band for TBO Tek IPO?
The price band for the TBO Tek ipo is ₹875 to ₹920
What is the listing date of TBO Tek IPO?
The listing date of TBO Tek IPO is 15-May-2024.
What is the purpose for the TBO Tek IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
How much times TBO Tek IPO subscribed?
TBO Tek total subscription ratio is 86.7X.
What are the key financials for the TBO Tek IPO?
Key financial of the TBO Tek are:
| TBO Tek | FY-24 | FY-23 | FY-22 | FY-21 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 1392.82 | 1064.59 | 483.27 | 141.8 |
| EBIT (₹ Cr) | 224.92 | 164.41 | 19.45 | -33.8 |
| Proft after Tax (₹ Cr) | 200.57 | 148.49 | 33.72 | -34.1 |
| Debt (₹ Cr) | 135.08 | 6.36 | 2.69 | 0 |
| Net Worth (₹ Cr) | 544.81 | 337.19 | 231.9 | 204.1 |
| RoE (%) | 36.82 | 44.04 | 14.54 | -16.71 |